Apple and Musk are at odds over advertising on Twitter

Apple and Musk are at odds over advertising on Twitter

Apple and Musk are at odds over advertising on Twitter Elon Musk has said Apple has ended the vast majority of its advertising on Twitter and accused the company of threatening to remove the social media platform from its app store.  Due to concerns over Musk’s plans for the social media platform’s content moderation, numerous […]

Lack of investment could leave 600,000 English properties at risk of flooding

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Number of homes at high risk likely to almost double by 2055, warns report by infrastructure commission In England more than 600,000 properties face flooding in the future without investment in drainage, a report from the National Infrastructure Commission (NIC) has found. At the moment, 325,000 English properties have a 60% risk of flooding in […]

Black Friday: Cost of living crisis may hit sales rush

Black Friday: Cost of living crisis may hit sales rush

Black Friday: Cost of living crisis may hit sales rush The cost of living crisis is set to dampen this year’s Black Friday sales rush, according to retail experts.  The number of people heading out to the shops is set to be up on 2021  – the first festive season without Covid rules in place […]

Elon Musk says Twitter will offer ‘amnesty’ to suspended accounts

Elon Musk says Twitter will offer 'amnesty' to suspended accounts

Elon Musk says Twitter will offer ‘amnesty’ to suspended accounts Billionaire and Twitter boss Elon Musk says the social media platform will provide a “general amnesty” to some suspended accounts from next week. Musk had started a poll on Wednesday on Twitter – asking user whether accounts that had “not broken the law or engaged […]

The double standards of Western morality are on show at the World Cup

The double standards of Western morality are on show at the World Cup

The double standards of Western morality are on show at the World Cup Telegraph says When it comes to rank hypocrisy, the Cop climate jamboree is always hard to beat. Last year, it was Jeff Bezos who set a high bar with the news that he had realised that “the world is finite and fragile” […]

Crypto exchange FTX owes nearly $3.1bn to 50 biggest creditors

Crypto exchange FTX owes nearly $3.1bn to 50 biggest creditors

Company says cryptocurrency allegedly stolen in collapse being transferred to other exchanges The collapsed cryptocurrency exchange FTX owes its 50 biggest creditors nearly $3.1bn (£2.6bn), according to a filing in a US bankruptcy court. The exchange owes about $1.45bn to its top 10 creditors, it said in a court filing over the weekend, without naming […]

Solve worker shortages with immigration – CBI boss

Solve worker shortages with immigration - CBI boss

Solve worker shortages with immigration – CBI boss Tony Danker, boss of the UK’s biggest business group, will call on politicians on Monday to use immigration to solve worker shortages and boost economic growth. He is expected to tell politicians to be “practical” about immigration at the CBI’s conference in Birmingham. Many firms are struggling […]

OBR says squeezed wages and interest rate rises will turn clock back to 2013

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Spending watchdog confirms UK now in recession with worst fall in living standards since records began Business live – autumn statement updates and analysisAutumn statement – key points at a glance£6bn to insulate UK’s homes and a green light for Sizewell CElectric car owners to pay road tax from 2025Chancellor extends energy windfall tax to […]

Made.com customers given 25 November delivery deadline

Made.com customers given 25 November delivery deadline

Made.com customers given 25 November delivery deadline The furniture retailer Made.com – which has fallen into administration, have told customers that unless an outstanding order arrives by 25 November, they should submit a claim to get their money back. Administrators PwC says nearly 4,500 orders in the UK and Europe are ready with carriers.  But […]

Elon Musk not above the law, says US regulator, amid concerns about Twitter

Elon Musk not above the law - US regulator 

Elon Musk not above the law – US regulator  A US regular has said Twitter boss Elon Musk is “not above the law” and is watching events at the social media company unfold with “deep concern.”  The comments from The Federal Trade Commission (FTC) come after Twitter’s top privacy and compliance officers reportedly quit.  It […]

Brexit-backing fashion boss says UK needs more foreign workers 

Brexit-backing fashion boss says UK needs more foreign workers

Brexit-backing fashion boss says UK needs more foreign workers  Lord Wolfson, a prominent backer of Brexit and chief executive of the High Street chain Next, is urging the government to let more foreign workers into the UK to ease the labour shortages.  He says the UK’s current immigration policy was crippling economic growth.  Speaking to […]

Breaking news – Meta to cut 13% of its workforce 

Meta to cut 13% of its workforce 

Breaking – Facebook, Instagram, WhatsApp owner Meta to cut 13% of its workforce  Meta – the company that owns Facebook, Instagram and WhatsApp, will cut 13% of its workforce – the company has announced.  That’s around 11,000 jobs about to be axed from its worldwide headcount of 87,000 people.  In a statement, Meta chief executive […]

Made goes bust, no information on customer refunds 

Made goes bust, no information on customer refunds

Made goes bust, no information on customer refunds  Made.com – the online furniture retailer has gone into administration, leading to hundreds of job losses and no communication over refunds for customers.  There will be 399 job losses, most of which are redundancies.  79 employees who had resigned and were working their notice have also been […]

Millions to receive latest cost-of-living payment

Millions to receive latest cost-of-living payment

Millions to receive latest cost-of-living payment Millions of people on low incomes who receive certain benefits will start getting the second instalment of a targeted cost-of-living payment.  The £324 payment would be made directly into bank accounts between now and 23 November, the Department for Work and Pensions said, Anyone who qualifies via tax credits […]

Musk denies reports he plans to fire workers to avoid payouts 

Musk denies reports he plans to fire workers to avoid payouts

Elon Musk denies reports he plans to fire workers to avoid payouts  Billionaire Elon Musk – who recently bought Twitter – has denied a report that he plans to lay off Twitter workers before the start of next month to avoid having to make payouts.  Replying to a Twitter user asking about the report, he […]

US throws out charges against interest rate ‘rigger’

US throws out charges against interest rate ‘rigger’

US throws out charges against interest rate ‘rigger’ The US has thrown out criminal charges against former UBS trader Tom Hayes – the first trader to be jailed for “rigging” interest rates.  Hayes was the first of 38 people to be prosecuted.  He was charged in both the US and UK, tried in London in […]

Prices of everyday grocery items soar 

Prices of everyday grocery items soar 

Prices of everyday grocery items soar  The prices of some everyday grocery items such as pasta, tea, chips and cooking oil, according to new data – with vegetable oil soaring by 65% in a year. Overall the price of budget food items rose by 17% in the year to September, according to the Office for […]

Business groups block action that could help tackle biodiversity crisis, report finds

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Industry associations for sectors from oil to agriculture in the US and Europe found resisting wildlife-friendly laws, say researchers Industry groups representing some of the world’s largest companies are “opposed to almost all major biodiversity-relevant policies” and are lobbying to block them, according to a new report. Researchers found that 89% of engagement by leading […]

Elon Musk makes U-turn on Twitter deal

Elon Musk makes U-turn on Twitter deal

Elon Musk has made a surprising u-turn on whether he will buy Twitter. The billionaire had initially dropped out of the deal to buy the social media site, but it seems he’s not willing to proceed with the takeover.